Muffins masonry incs balance sheet list next fixed assets as $ 14 million. The fixed assets could currently be sold for 19 million dollars. muffins current balance sheet shows current liabilities of 5.5 million dollars and networking capital of 4.5 million dollars. if all the current accounts were liquidated today the company would receive 7.25 million dollars cash after paying the 5.5 million incurrent liabilities. what is the book value of muffins missionaries assets today and market value of these assets? Enter answers in millions

FINANCIAL ACCOUNTING
10th Edition
ISBN:9781259964947
Author:Libby
Publisher:Libby
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
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Muffins masonry incs balance sheet list next fixed assets as $ 14 million. The fixed assets could currently be sold for 19 million dollars. muffins current balance sheet shows current liabilities of 5.5 million dollars and networking capital of 4.5 million dollars. if all the current accounts were liquidated today the company would receive 7.25 million dollars cash after paying the 5.5 million incurrent liabilities.

what is the book value of muffins missionaries assets today and market value of these assets?

Enter answers in millions of dollars rounded to 2 decimal places

                              Book value.     Market value.

Current assets:

Fixed assets:

Total:

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